JES INTERNATIONAL HOLDINGS LIMITED

(Company Registration No. 200604831K) (Incorporated in the Republic of Singapore)

THE PROPOSED SUBSCRIPTION AND ACQUISITION OF SHARES IN THE ISSUED AND PAID-UP SHARE CAPITAL OF MINERIVER PTE. LTD. - ISSUANCE OF JORC REPORT


The Board of Directors (the "Board") of JES International Holdings Limited (the "Company") refers
to the Company's announcements dated 5 November 2013 (the "Announcement"), 7 November, 3
January 2014 and 9 January 2014 respectively in relation to the proposed subscription and acquisition by the Company of shares in the share capital of Mineriver Pte. Ltd. Unless otherwise defined herein,
all capitalised terms used in this announcement shall have the same meanings ascribed to them in the
Announcement.
The Board is pleased to announce that the report in respect of the Assets at the Mine Locations (the "JORC Report"), prepared in accordance with the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves promulgated by the Joint Ore Reserves Committee of the Australasian Institute of Mining and Metallurgy, Australian Institute of Geoscientists and Minerals Council of Australia (the "JORC Code), has been issued by SRK Consulting China Ltd in January
2014.
Based on studies conducted on an area of approximately 5 km2 in the Tuoli District in the Xinjiang Uygur Autonomous Region of the Republic of China, the JORC Report states that there is an estimated 4,202 million tonnes in measured and indicated Mineral Resources (as defined in the JORC Code) at the Mine Locations using a Magnesium Oxide cut-off grade of 30%. The amount of such Mineral Resources implies an in situ mining value exceeding half a trillion United States Dollars1.

The Board would like to advise Shareholders that, although the Investment Agreement has been entered into, completion of each of the Proposed Transactions (as defined in the Investment Agreement) is subject to the respective conditions precedent being fulfilled and there is no certainty or assurance as at the date of this Announcement that any of the Proposed Transactions will be completed or that no changes will be made to the terms thereof. Accordingly, Shareholders are advised to exercise caution in dealings with the Shares. Shareholders are advised to read this Announcement and any further update Announcement(s) released by the Company in connection with the Proposed Transactions carefully. Shareholders should consult their stockbrokers, bank managers, solicitors or other professional advisers if they have any doubt about the actions they should take. BY ORDER OF THE BOARD

JIN XIN
Chairman and Chief Executive Officer
14 January 2014

1 This value is obtained by multiplying the said estimated 4,202 million tonnes in measured and indicated Mineral Resources by the percentage of the resources content and the respective market prices quoted on www.alibaba.com on 13 January 2014. Such value is only in respect of magnesium oxide.

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